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NJ S4410
Bill
Status
5/19/2025
Primary Sponsor
Anthony M. Bucco
Click for details
AI Summary
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Authorizes the Department of Treasury, on behalf of the New Jersey Motor Vehicle Commission, to sell a 0.69± acre parcel at 101 Ridgedale Avenue (Block 801, Lot 3) in Morristown, Morris County to the Town of Morristown
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Property has been declared surplus to State needs and will be sold for $850,000 as a direct sale to the municipality
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Sale proceeds will be deposited into a fund designated for State debt relief or capital improvement projects
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The property formerly served as an MVC inspection center for specialized vehicles but was closed after sustaining hurricane damage
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Sale terms and conditions will be set by the State House Commission
Legislative Description
Authorizes State Treasurer to sell as surplus property certain land and improvements in Town of Morristown in Morris County.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
5/19/2025